If talks continue to progress, Congress seems likely to make a 2014 budget deal before adjourning for the year, lifting fears of another shutdown.» Read More
Ted Cruz has outlined a plan to defund Obamacare going forward, but he needs Republicans to stand up and ban together to vote to withdraw financial support of the health-care law.
The Senate confirmed former Deputy U.S. Attorney General James Comey as the next director of the FBI, succeeding Robert Mueller.
Heading into another budget battle, more Americans say they have been negatively affected by the sequester budget cuts, an exclusive poll found.
If Larry Summers is appointed as the next head of the Fed, markets that have been expecting the dovish Janet Yellen to be the next central bank chief could be jolted.
Former White House insiders identify the key difference between Larry Summers and Janet Yellen in the jousting for the Fed chair job: The president knows and trusts Summers.
President Obama has not made a decision about who will lead the Federal Reserve when Chairman Ben Bernanke's term expires in January, a senior White House official said on Friday.
Furious lobbying and last-minute pleas to lawmakers ensured victory for the Obama administration as the House voted 217-205 to spare the NSA program.
Borrowing for tuition, housing and books would be less expensive for college students and their parents this fall but the costs could soon start climbing under a bill the Senate passed overwhelmingly Wednesday.
A federal bankrutpcy judge ruled Wednesday that federal courts will decide if Detroit is eligible for bankruptcy, staying challenges to the bankruptcy in state court.
Former U.S. spy agency contractor Edward Snowden will stay in the transit zone of a Moscow airport for the time being while Russian authorities consider his temporary asylum request, a lawyer said.
"As a physician, I understand in a real way the damage Obamacare will to do medicine in South Dakota and the entire country," one of the doctors said in announcing her candidacy.
Months of partisan bickering in Washington have taken a toll on the political standing of every power center in the capital, a new NBC News/Wall Street Journal poll has found.
A court hearing Wednesday over a legal skirmish between the city of Detroit and its pensioners and creditors has lawyers for all sides sailing in uncharted waters.
Three years after Dodd-Frank was passed, the alphabet soup of banking regulators collaborating to write some 400 new industry rules are just 39 percent done.
Morgan Stanley, Goldman Sachs and JP Morgan have become major merchants of metals and energy. Now a Senate panel is going to investigate whether this is dangerous for the American economy.
Former Rep. Barney Frank on Monday dismissed calls to bring back a Depression-era law that divided commercial and investment banking.
Detroit's bankruptcy goes to court Wednesday, even as other lawsuits seek to block a plan to restructure the city's more than $18 billion in debt.
President Obama will embark on a campaign-style tour this week, laying out his agenda for reinvigorating the nation’s economy. The New York Times reports.
A poll of doctors finds huge skepticism that Obamacare insurance exchanges will open by fall deadline, and mostly don't know how new health law will affect practices.
Detroit must dig itself out of the hole it created and cannot wait to see if the federal government will come to its rescue, the city's emergency manager said on Sunday.